Cary Street Partners Financial LLC Has $2.74 Million Holdings in ARK Innovation ETF $ARKK

Cary Street Partners Financial LLC trimmed its holdings in ARK Innovation ETF (NYSEARCA:ARKK) by 18.1% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 31,773 shares of the company’s stock after selling 7,026 shares during the period. Cary Street Partners Financial LLC’s holdings in ARK Innovation ETF were worth $2,742,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently modified their holdings of the company. Golden State Wealth Management LLC lifted its holdings in shares of ARK Innovation ETF by 3.2% during the 3rd quarter. Golden State Wealth Management LLC now owns 3,701 shares of the company’s stock valued at $319,000 after purchasing an additional 116 shares in the last quarter. Prime Capital Investment Advisors LLC raised its holdings in ARK Innovation ETF by 3.4% during the 3rd quarter. Prime Capital Investment Advisors LLC now owns 4,272 shares of the company’s stock worth $369,000 after buying an additional 139 shares during the period. Evolution Wealth Advisors LLC lifted its stake in ARK Innovation ETF by 1.0% in the third quarter. Evolution Wealth Advisors LLC now owns 14,741 shares of the company’s stock valued at $1,272,000 after buying an additional 153 shares in the last quarter. Optivise Advisory Services LLC boosted its holdings in shares of ARK Innovation ETF by 3.5% in the third quarter. Optivise Advisory Services LLC now owns 4,523 shares of the company’s stock valued at $390,000 after buying an additional 155 shares during the period. Finally, Money Concepts Capital Corp increased its position in shares of ARK Innovation ETF by 0.7% during the third quarter. Money Concepts Capital Corp now owns 25,496 shares of the company’s stock worth $2,200,000 after acquiring an additional 185 shares in the last quarter.

ARK Innovation ETF Stock Up 1.5%

Shares of NYSEARCA:ARKK opened at $74.61 on Friday. The firm has a market cap of $6.84 billion, a price-to-earnings ratio of 50.14 and a beta of 1.96. ARK Innovation ETF has a 12 month low of $38.57 and a 12 month high of $92.65. The company’s fifty day simple moving average is $76.79 and its 200 day simple moving average is $79.71.

About ARK Innovation ETF

The ARK Innovation ETF (ARKK) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively managed fund that seeks long-term capital growth from companies globally involved with, or that benefit from, disruptive innovation. ARKK was launched on Oct 31, 2014 and is managed by ARK.